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Speaker 1: To tell you what. What I hope for today is a

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Speaker 1: sign in a sense that what we are facing economically

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Speaker 1: as a country is real, and it's real bad, and

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Speaker 1: the government see it except it in Charter Pathway forward.

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Speaker 1: That gives us some sort of hope. The damage done

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Speaker 1: by Jacinda Grant Christen Adrena is now years long. You

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Speaker 1: can't invent money in that volume without spending the ensuing

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Speaker 1: years trying to dig yourself out of it. The start

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Speaker 1: has been made, of course, the cutbacks have begun. The screaming,

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Speaker 1: whaling and upset has ensued, but small note, there's a

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Speaker 1: lot more where that came from. The seeds of recovery

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Speaker 1: are real. Manufacturing is expanding, has been for several months.

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Speaker 1: Services though, isn't. Sentiment isn't. The farmers have struck gold,

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Speaker 1: but the weather has been exceptionally kind, as have Americans

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Speaker 1: with their passion for burgers. Our debt is shocking. We

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Speaker 1: are not running a surplus on any annual basis, and

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Speaker 1: still won't be for years. The Finance Minister today has

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Speaker 1: virtually nothing to play with, no excess, no lolly, no

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Speaker 1: large ess. She has, I hope found a fortune in

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Speaker 1: savings and she will redirect that to better places. I

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Speaker 1: pray she isn't borrowing on top of what we already

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Speaker 1: have incurred. If she is, she may well be making

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Speaker 1: a generation mistake. Treasury says fifty percent debt by way

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Speaker 1: of GDP is it. I'd say it's lower than that.

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Speaker 1: In a sense, today should wrap some numbers and forecasts

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Speaker 1: around the rhetoric. The rhetoric being we are open for business,

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Speaker 1: we are pro growth, we are big on infrastructure, most

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Speaker 1: importantly fiscally as well as economically. We are not going

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Speaker 1: to die wondering. Today is not a day for a

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Speaker 1: dollar here, a dollar there. It is not an itch

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Speaker 1: scratching exercise. It should be a document that lays an

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Speaker 1: ongoing foundation for the major project, that is the economic

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Speaker 1: resuscitation of the New Zealand economy. For more from the

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Speaker 1: Mic Asking Breakfast, listen live to News Talks a B

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Speaker 1: from six am weekdays, or follow the podcast on iHeartRadio